ICO Market Reopening in South Korea

[lushlifing]

ICO Market Reopening in South Korea

South Korea Considers Reopening ICO Market

Last year, South Korea banned any new Initial Coin Offerings (ICO) from being held in the country, but a new bill introduced by South Korean lawmakers could open the ICO market back up, albeit one now strictly supervised by government regulators. The passage of the bill could signal the start of a less FUD-y crypto stance coming from the country.

read more, https://cointelegraph.com/news/ethereum-as-a-security-ico-market-reopening-in-south-korea-and-rat-poison-hodlers-digest-apr-30-may-6

[Ethan Becker]

Thats really good news. South Korea big member in crypto area. I'm sure that this will improve the market and BTC and altcoins will go up. We need it now.

[Ciucas]

This is great news for the crypto market ! Koreans are a key player for this market, and any good news from them is a step forward. Let's just hope that this new bill introduced by the  South Korean lawmakers will pass and the ICO market will finally reopen.

[hummer113]

let's see how this will affect the ICO market, I thing this positive news if everything is confirmed.

[mybtcasset]

South Korea is the biggest market after Japan so South Korea government also in favour with cryptocurrency and they formed a committee in re structuring all the ico market it is good in developing country

[Razick]

Some good news finally, once south korea is back into the market then you can be sure that prices will start to soar again because the south koreans make of one of the biggest parts of the cryptocurrency market and there is no denying that without them then the prices of cryptos would be a lot more lower than they are now and with this news then ICOs are going to start doing better.

[Haley craft]

This is clearly good news for the market as a whole.
Because ICO is an important part of the cryptocurrency market, it will restore confidence.

[MisterPipka]

Great news from South Korea. I hope more and more states will allow ICO and other programs connected with the crypto currency on their territory. Thanks again for the info

[trollercoaster]

That is awesome news! It should liven the market a little bit. The market is coming down again, I can't see a reason for this though, if I know anything about crypto, it will be much better by the end of the year. This news should be good for the market and when the new laws are applied it will be much, much better.

[Nekroser]

Definitely good news. In general, most of the news has become good. This suggests that the market will grow, and this is now all waiting.

[bartolo]

It seems that this bill has quite a chance of being approved. This news is not surprising, the ICO bans in countries like China or South Korea are a way to buy time while their governments study how ICOs work and how they should regulate them. While in the vast majority of countries governments decided to regulate without prohibiting or stopping the activity of ICOs, in these countries they have chosen to do things in a more drastic manner.

[juragankambing]

This is very good news because considering south korea is one of the countries that opposed crypto,
Crypto is not an enemy but a very useful technology,

[sammyj]

It's a pretty good news and I think south koreans would be very happy about the development. I hope the south Korean government sees the advantages of crypto currency and invest in it too.

[el kaka22]

ICO Market Reopening in South Korea

South Korea Considers Reopening ICO Market

Last year, South Korea banned any new Initial Coin Offerings (ICO) from being held in the country, but a new bill introduced by South Korean lawmakers could open the ICO market back up, albeit one now strictly supervised by government regulators. The passage of the bill could signal the start of a less FUD-y crypto stance coming from the country.

read more, https://cointelegraph.com/news/ethereum-as-a-security-ico-market-reopening-in-south-korea-and-rat-poison-hodlers-digest-apr-30-may-6

Oh, so what happened to them now ?
They are trying to realize they are going to end up missing out at the end or what ? Bunch of hypocrites .

What most governments are not realizing is that, trying to form a resistance or a wall against the presence of cryptocurrency in their country is just going to end up making them lag behind in the long run and by then, they probably may have been too late. Whatever negativity they want to bring to the table will only end up hurting them at the end and it is good they are trying to take a U-turn.

[kindbtc]

This is definitely a positive news and will help ico projects raised more funds as koreans are one of the biggest investors both in icos and crypto market, i hope this will also bring huge volume backto crypto market.

[MargoGolova]

Every day cryptocurrency is becoming more and more part of our world . many countries are familiar with it, then the whole world will be friends with cryptocurrency

[thoerz18]

yes .. maybe that's pretty good. south korea is the biggest country in asia after china which many enter inside cryptocurrency. I also see the zper project, the project came from korea and ICO great success reached 34K ETH.

[boserobot]

huge for ICON. Should I invest ICON now ?

[reflector]

ICO Market Reopening in South Korea

South Korea Considers Reopening ICO Market

Last year, South Korea banned any new Initial Coin Offerings (ICO) from being held in the country, but a new bill introduced by South Korean lawmakers could open the ICO market back up, albeit one now strictly supervised by government regulators. The passage of the bill could signal the start of a less FUD-y crypto stance coming from the country.

read more, https://cointelegraph.com/news/ethereum-as-a-security-ico-market-reopening-in-south-korea-and-rat-poison-hodlers-digest-apr-30-may-6

I think this is really big news for the crypto market with the positive information but people does not care the positve news but they really going to shit news spreading in the local tele medias. They always guide the newbie to sit in the traditional investment options alone.

I think these kind of the thread only needed bump here in this forum but instead of that people do bumping the negative information on this forum and even in Reddit too.

[cryptogeek101]

ICO Market Reopening in South Korea

South Korea Considers Reopening ICO Market

Last year, South Korea banned any new Initial Coin Offerings (ICO) from being held in the country, but a new bill introduced by South Korean lawmakers could open the ICO market back up, albeit one now strictly supervised by government regulators. The passage of the bill could signal the start of a less FUD-y crypto stance coming from the country.

read more, https://cointelegraph.com/news/ethereum-as-a-security-ico-market-reopening-in-south-korea-and-rat-poison-hodlers-digest-apr-30-may-6

.

This is a welcome development for the cryptomarket which had suffered serious humiliation in South Korea. The passage of the bill could mean a lot in the South Korea economy and the world economy at large.